India's Angel One drops after Q4 profit fall
ReutersApr 17, 2025 4:32 AM
Shares of Angel One ANGO.NS falls 4% to 2259 rupees
Brokerage's Q4 profit falls Y/Y, hurt by tighter regulations in derivatives segment, weak equity markets
Motilal Oswal says co has option to adjust pricing and take other steps to revive growth, restore margins to 45–50% over long term
Adds newer businesses like loans, FDs, wealth, AMC may pick up in medium term
Stock rated "buy" on avg; median PT is 2750 rupees - data compiled by LSEG
Stock down 23% YTD
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